Bybit Lists FDUSD/USDT Perpetual Contract: A New Trading Opportunity

IconCryptoNewsTerminal Staff16 Aug, 2024

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Bybit Lists FDUSD/USDT Perpetual Contract: A New Trading Opportunity

Bybit Expands Trading Options with FDUSD/USDT Perpetual Contract Bybit, the renowned cryptocurrency exchange, has announced the upcoming listing of the FDUSD/USDT Perpetual contract on its platform. This new contract will provide traders with an exciting opportunity to speculate on the price of the FDUSD stablecoin against the USDT stablecoin. Benefits and Features The FDUSD/USDT Perpetual contract offers several advantages for traders: Hedging tool: Traders can use this contract to hedge their exposure to the FDUSD stablecoin. Speculation opportunity: The contract allows traders to speculate on the price movements of FDUSD. * Leverage up to 50x: Traders can amplify their potential profits (and losses) by leveraging their positions up to 50 times. Availability The FDUSD/USDT Perpetual contract will be available for trading soon on the Bybit platform. Traders are advised to stay tuned for further updates regarding the launch date. Conclusion The listing of the FDUSD/USDT Perpetual contract on Bybit is a significant development that expands the trading options available to traders. This contract provides a valuable tool for hedging and speculation, offering potential opportunities for profit.

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